Mr. Speaker, I thank my colleague for his question and the work he does on this file.
To us, this is just the first step. We want to work with the provinces and territories. The revenues generated from carbon pricing will remain in the province or territory where they are generated. We also want to ensure that such decisions are made by the provinces and territories and not by us here in Ottawa.
Every province or territory can use the revenues from carbon pricing as it sees fit, including dealing with pollution and the impact on vulnerable sectors, and supporting the achievement of climate change objectives and clean growth.
In fact, it will be up to the province or territory to make the necessary choices to meet its own needs.